Aliko Foundation Offers Free Dangote Shares to Students
The Aliko Foundation has launched a Student Share Grant Initiative allowing Nigerian students to receive 10 free shares in Dangote Petroleum Refinery and Petrochemicals FZE. To qualify, students must purchase a minimum of 10 shares during the ongoing initial public offering (IPO) at a price of ₦525 per share, totaling a minimum investment of ₦5,250.
The additional shares will be funded by the foundation, and eligibility does not guarantee allotment. Applicants must be at least 18 years old, enrolled in a recognized public or private tertiary institution in Nigeria, and provide necessary verification information, including a valid Bank Verification Number (BVN).
Postgraduate students are excluded from this initiative. Applications must be submitted through the foundation’s official portal by October 27, 2026.
The initiative specifically pertains to the IPO of Dangote Petroleum Refinery and does not cover shares in other Dangote companies.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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